Thursday, April 21 2016 13:41
Alina Hovhannisyan

In value terms, import of oil derivatives in Armenia dropped by 33.7% in 2015

In value terms, import of oil derivatives in Armenia dropped by 33.7% in 2015

ArmInfo. In quantitative terms, the import of oil derivatives in Armenia dropped by 8.3% to 298 thsd tons, while in value terms the import declined by 33.7% to $213.4 mln versus $322.1 mln a year before. The decline was due to the continuous reduction in the prices on the oil derivatives market, the Customs Service of Armenia reports.

The source says that in 2015 the export of oil derivatives totaled 210.1 thsd tons worth $156.5 mln. In quantitative terms, in 2015 the export of oil derivatives dropped by 44.4%, and in value terms - by 35.5% (from $242.5 thsd a year before).

The oil derivatives are mostly imported from Russia, Romania, Greece and Israel. The products are exported mainly to Iran.

Armenia has no raw materials base of its own, but it has an intergovernmental agreement with the Russian Federation regarding duty-free supplies of oil derivatives. In 2016, according to the new indicative balance, Russia will supply 136 thsd tons of duty-free petroleum to Armenia, including 120 thsd tons of Russian-made petroleum. In addition, Armenia will receive 150 thsd tons of Russian-made diesel fuel (including 120 thsd tons of Russian-made diesel fuel), 47 thsd tons of fuel for jet engines, (including 8 thsd tons of Russian-made fuel), as well as 200 thsd tons of Russian-made paraffin oil.

The indicative balance is approved for each year in compliance with the Armenian-Russian intergovernmental agreement dated 2 Dec 2013, which implies no re-export.


News


Exchange rates
25.01.2021
RUB6.88-0.07
USD518.36-0.08
EUR629.39-1.71
GBP708.600.26
CAD407.68-0.64
JPY49.94-0.07
CNY79.97-0.26
CHF584.07-1.80



Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000